Banks Should See $5.4 Billion from Visa IPO
April 23, 2008
FP Trading Desk submits:
U.S. banks involved in the IPO of Visa Inc. (V) should see a pre-tax benefit of $5.4-billion in the first quarter, thanks in part a cost basis of virtually nothing from the estimated 50% sale of their stakes in the credit card giant, Citigroup analyst Keith Horowitz said in a report.
What Visa’s IPO Means for This Market
April 23, 2008
Amid all the wailing and gnashing of teeth, we had a successful IPO: Visa (V) went public this week and made history.
Visa: Already Priced to Perfection
April 23, 2008
Bill Simpson submits:
Here is our piece on Visa (V) that was published for subscribers on 3/1. April 22, 2008 Knockout Analyst submits:
Last week, the Wall Street Journal had a piece about the IPO of State-owned Telecom Safaricom.
Off pricing this is a good deal and one of few in ‘08 to grab all
allocations possible. After-market Wednesday morning I felt it opened a bit
too ‘hot’ at $60+ in this climate and would look at a print near $50 to
enter for those not allocated.IPO Lessons from Africa
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